Apple to add lossless audio to Apple Music at no additional cost
Apple has announced that it is adding some new features to its music streaming service Apple Music. Starting next month, users will find some new options, such as spatial audio with support for Dolby Atmos as well as lossless audio files.
Spotify recently announced a new high-end subscription tier
Gucci brings digital items and experiences to Roblox in new partnership
As gaming platforms capitalize on pandemic-fueled traffic to their digital worlds, brands that drive culture in the physical world are fighting to ensure they don't miss any new opportunities. A new partnership between Roblox and Gucci brings digital items from the fashion house into the platfo
AT&T confirms deal to combine its WarnerMedia subsidiary with Discovery Inc in ‘pure play’ $43B deal
Another major telco in the U.S. is making a big move away from being a full player in media services, and specifically content creation. Today AT&T said that it is combining its WarnerMedia division with Discovery Inc.
The deal is being structured as a “Reverse Morris Trust” transac
Reface now lets users face-swap into pics and GIFs they upload
Buzzy face-swapping video app Reface is expanding its reality-shifting potential beyond selfies by letting users upload more of their own content for its AI to bring to life.
Users of its iOS and Android apps still can’t upload their own user generated video but the latest feature — whi
Fresh out of YC, Houm raises $8M to improve the home rental and sales market in LatAm
As a longtime real estate developer based in Chile, Benjamin Labra was able to spot gaps in the buying and renting markets in Latin America. To meet demands, he started Houm, an all-in-one platform that helps homeowners rent and sell their properties in the region.
Fresh out of Y Combinator's W
Sequoia leads $5M pre-seed in Egypt’s 1-month-old digital bank Telda
Egypt has a population of over 100 million people. The country has a high mobile and internet penetration necessary for a young and tech-savvy population with 61% below 30. But despite its youthful population, two out of every three individuals are currently unbanked in Egypt. It’s the same s
JD Logistics, China’s answer to Amazon’s logistics ambitions, to raise $3.4B in IPO
After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. JD Logistics will price its share between HK$39.36 and HK$43.36 apiece, which could see the firm raise up to about HK$26.4 billion or $3.4 billion, according to
India’s Moglix valued at $1 billion in $120 million fundraise
Moglix, an industrial business-to-business marketplace in India, said on Monday it has raised $120 million in a new financing round at $1 billion valuation, becoming the 13th firm from the world’s second largest market to attain the unicorn status this year.
The startup’s Series E finan
Merchant commerce platform Pine Labs valued at $3 billion in new fundraise
Pine Labs, a startup that offers merchants payments terminals, invoicing tools and working capital, said on Monday it has completed the first close of a $285 million funding as the nearly two-decade-old firm looks to expand its offerings and build and scale an online payments gateway.
Baron Capita
Elon Musk giveth and taketh away
Hello friends, and welcome back to Week in Review!
Last week, I wrote about Facebook’s never-ending Trump problem. This week, I’m looking at Elon Musk’s wild week of whipping crypto markets.
If you're reading this on the technewss site, you can get this in you
Clubhouse to launch Android app worldwide in a week
Voice social network Clubhouse said on Sunday it will expand its Android app worldwide in a week, days after launching a beta version of its service on Google-owned mobile operating system for users in the U.S.
The startup — backed by A16z, Tiger Global and DST Global and valued at about $4
Crypto and blockchain must accept they have a problem, then lead in sustainability
As the price of bitcoin hits record highs and cryptocurrencies become increasingly mainstream, the industry's expanding carbon footprint becomes harder to ignore.
Just last week, Elon Musk announced that Tesla is suspending vehicle purchases using bitcoin due to the environmental impact of foss
Dear Startups: Don't repaint, reinvent
I feel hungover. No, not in the traditional sense, but in the dizzying way you feel when half of your world is celebrating double vaccinations and no masks, and the other half, across the world, is mourning death and not a shred of light at the end of the tunnel. The privilege of watching this unfo
Leveling the playing field
In 2011, a product developer named Fred Davison read an article about inventor Ken Yankelevitz and his QuadControl video game controller for quadriplegics. At the time, Yankelevitz was on the verge of retirement. Davison wasn't a gamer, but he said his mother, who had the progressive neurodege